Property Details

Featured in:

Winners:

Featured in:

Winners:

1111 Kingsway Avenue SE
Medicine Hat (A2168638)

$1,950,000
16,146 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Quality investment opportunity in a high traffic commercial location. This 16,146 +/- SF professional complex offers premium visibility along Kingsway Avenue SE, one of Medicine Hat’s busiest corridors, with proximity to the downtown core and key retail districts. Anchored by established businesses such as Stantec, Dynamic Dance & Acrobatics, Encounter Chiropractic, and Sage & Willow Massage & Wellness, this investment includes a diversified tenant mix, ensuring stability and reduced vacancy risk. Almost fully leased, with the exception of two office suites and two co-work spaces, all tenants operate under a triple-net lease (excepting the co-work space), maximizing investor returns and minimizing landlord risk. Recent capital improvements include a modernized common area, washrooms, and kitchenette. Ample on-site parking provides significant value-add for tenants and their clientele, increasing the property’s competitive edge in the local market. This property is a well-positioned asset for investors seeking stable income with growth potential, backed by solid tenants and professional upgrades in a sought-after commercial location.

Property details

Basic Info

MLS® #
A2168638
Property Type:
Commercial
Subtype:
Office
Subdivision:
NONE
Price
$1,950,000
Sale/Lease:
For Sale
Size:
16,146 sq.ft.
Year Built:
1979 (46 years old)

Building Info

Structure Type:
Mixed Use
Building Name:
The Monarch Building
Garage:
No
Fence:
Basement:
No
Inclusions:
None

Lot / Land Info

Lot Size:
0.59 acres
Zoning:
MU

Listing Info

Possession:
Negotiable
Days on Market:
8
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Your Agent

Grassroots Realty Group Ltd.
1-833-477-6687

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